One of the African-American top artists, Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam, popularly known as Akon, recently let out his master strategy on how he maintains his wealth. As reported by the Daily Post, the famed artist had a chat in the latest episode of Impulsive Podcast, where he revealed how stinginess helps him stay rich.
According to the 50-year-old record producer, it’s important to be stingy or tight-handed to maintain a wealthy status. This is why he has referred to himself as
“the stingiest man on the planet”
during the interview on the podcast.
He further advised listeners, his colleagues, and other wealthy folks to avoid owning a private jet if they want to remain rich. Citing the cost of maintaining a private jet, he highlighted that such expense can be completely avoided. In his words:
“Whatever you do, do not own a [private] jet. Bro, owning a jet is spending at least 2-3 million dollars a year just for upkeep.”
The influential figure went on to reveal that the cost of maintaining a private jet is more than the cost of getting a new one. So, as a rich or wealthy person, the artist believes it’s important to be prudent when spending because the money has to last for a lifetime.
Although Akon’s choice of the word
“stingy”
may not sit well with some people, his concerns are not out of place. There are tales of very rich celebrities that went from up there to zilch financially.
